#AsiaNews ▪ Seventh Time Lucky for Singapore Property Steps?: Third time lucky for some, could it be a case of s...

Analysts said that while the latest property measures would likely discourage speculators from snapping up Singapore property, long-term interest in the sector was unlikely to be dented too significantly given an environment of low interest rates. Robert Prior-Wandesford, director, Asia economics at Credit Suisse, said he expected private residential property prices to continue to increase"modestly" until interest rates start to rise. "Singapore's property market has proved remarkably resilient and the reality is that low interest rates, banks willing to lend and a tight labor market tend to offset government measures. The real risk is when these factors start to turnaround,which is still some months away," he told CNBC Asia's "Squawk Box." Mizho's Varathan said that in addition to low interest rates, demographics and regional trends would also support property prices, whi...